History of development cooperation in Vietnam
Swiss Official Development Assistance (ODA) to Vietnam was initiated in 1992 and supported the country successfully in its development for over 25 years. Switzerland has ranked Vietnam among the 8 privileged countries to receive ODA from the Swiss Government. Switzerland carries out its strategy of development cooperation through two main Agencies: SDC (Swiss Agency for Development and Cooperation) under the Federal Department for Foreign Affairs and SECO (State Secretariat of Economic Affairs) under Federal Department of Economic Affairs.
Until 2016, Vietnam has received $360m of Official development aid (ODA) from Switzerland, focusing primarily on the fields of environment, training and development of human resources, urban development, poverty reduction and hunger alleviation and rural development. In Sep 2013, Switzerland announced its new development Cooperation Strategy with Vietnam for the stage 2013 -2016, in which Switzerland increased budget support up to $136m for Vietnam, a 50% increase in comparison with previous phase.
Due to Vietnam’s rapid socio-economic development over the past two decades, including its remarkable success in poverty alleviation and the recently achieved middle-income country status, SDC has closed its bilateral poverty reduction and governance program by the end of 2016.
SECO continues its engagement in the area of economic development cooperation for the timeframe 2017-2020. Vietnam benefits from a significant number of programs in this area through indicatively foreseen commitments of CHF 80 million of ODA grants. This represents a solid basis for continuing the longstanding and successful collaboration between the two countries in the coming years.
Overall, Switzerland's ODAs for Vietnam are rated effective, making practical, positive contributions to the work of poverty alleviation, environmental protection and infrastructure improvement of Vietnam.